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Biotech / Medical : Progenitor (PGEN)
PGEN 4.140+2.2%Oct 31 9:30 AM EDT
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To: Steve Lokness who wrote (55)3/20/1998 1:07:00 PM
From: scaram(o)uche   of 106
 
Steve:

I'm a consultant. I sometimes need to get observations into the hands of clients first, and SI users second. I've also been doing some research regarding the potential of a kit for HH. Sorry for the delay.

T7T7 played absolutely zero role in my thoughts about the company. I can say that the $51 million figure is just a tad of a stretch, in that it covers fees and milestones of $4.3 million for each of eleven products. Don't hold your breath. On the other hand, there are royalties and retained rights. I'd say that it should be simple to determine if the project is still alive at Chiron/Viagene.

Rick
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